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Peter Morici Quotes
«Inventories are building and I expect housing prices to start to decline in the new year.»
Author: Peter Morici
«Right now, the U.S. is becoming a particularly good buy, if you are a European.»
Author: Peter Morici
«We will [have a recession only] if the Fed, in its frustration, pushes short rates too far.»
Author: Peter Morici
«Americans continue to buy Japanese, Korean and German cars in large numbers and more consumer goods from Asia, in addition to more expensive crude oil and refined petroleum products from abroad.»
Author: Peter Morici
«They're thinking, 'We went through the jump in energy prices and the hurricane and we came out without noticeable damages. Now it's the holidays, and gas prices are down, so consumers are feeling mellow and content - and cautiously confident about the future.»
Author: Peter Morici
«Higher oil prices and a strong dollar will push the trade deficit to new record highs, with the monthly trade deficit likely exceeding $75 billion by mid 2006.»
Author: Peter Morici
«The economy is settling into modest growth and tame inflation, outside the volatile energy sector. Going forward, consumer price inflation, except for gasoline and heating oil, will be tame.»
Author: Peter Morici
«The economy has its own natural inertia that will carry it forward.»
Author: Peter Morici
«The trade deficit is going to keep growing.»
Author: Peter Morici
«Clearly, inflation poses no real threat, but overly aggressive Fed interest-rate policy could torpedo the economic expansion.»
Author: Peter Morici